SPAREX LIMITED ApS — Credit Rating and Financial Key Figures

SPAREX LIMITED ApS (CVR number: 66482715) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3085 kDKK in 2023. The operating profit was 209.6 kDKK, while net earnings were 186.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SPAREX LIMITED ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.